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UK – Average advertised salary growth remains steady in April

08 May 2017

Total advertised average salaries across the UK grew by 0.2% in April when compared to the previous year, according to data from UK job board CV-Library.

CV-Library’s findings, which compared April 2017 job market trends with April 2016, suggest that employers across the UK are offering higher salaries in a bid to incentivise eager job hunters. The top three locations with the highest salary growth were Bristol (7.6%), Wales (6.1%), and Guildford (5.7%). London saw a 0.1% increase in wages year-on-year.

“It’s very promising to see that some of the UK’s top locations experienced positive pay rises last month,” Lee Biggins, founder and managing director of CV-Library, said. “Clearly, the competition to secure the best candidates is showing no signs of letting up, with companies looking to bolster their ranks with the top talent. Increasing advertised salaries on job postings is just one of the approaches that companies are taking to attract candidates, which is great news for job hunters out their looking for their next opportunity.”

Meanwhile, areas, such as Portsmouth, Southampton and Glasgow saw a negative impact to advertised salaries, dropping by 11.9%, 9.3% and 8.9%, respectively.

“While salary growth in these top locations hasn’t been replicated across the UK as a whole, we are hopeful that the desire for new recruits will drive companies throughout the country to offer larger salaries. In doing this, businesses will be able to attract further prospective employees into their recruitment process, providing them with the best possible collection of candidates to choose from when it comes to hiring,” Biggins said.